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Quartz, September 1, 2018, by Gwynn Guilford. In 1953, Don Barksdale became the first African-American named to the National Basketball Association All-Star team. That same year, Leontyne Price’s performance of “Summertime” at a Metropolitan Opera gala made her the first African-American to sing with the famed New York company. It was also the year that...

The Wall Street Journal, Sep 3, 2018, by Benjamin Harris. Benjamin Harris (@econ_harris) is a visiting associate professor at the Kellogg School of Management and was the chief economist to Vice President Joe Biden. [….] Famous housing economist Robert Shiller lamented in a 2014 paper that “nothing fundamental has changed” in housing finance since...

European Council on Foreign Relations, 14, September 2018, by Sebastian Dullien. It seems we have not learned the lessons of the recent past and may be doomed to repeat them in the future. In recent weeks, media outlets across the world have marked the ten-year anniversary of a signal event in...

Foreign Affairs, September 13, 2018, by Manuel Funke, Moritz Schularick, and Christoph Trebesch. Why the Effects Haven’t Faded? The 2008 financial crisis was devastating to the world economy. Just how devastating is something economists still argue over. It is not easy to add up the costs of bank bailouts, a lost decade of economic growth, spiking...

Bonn’s economist Professor Moritz Schularick has been awarded the Hermann Heinrich Gossen Award. Moritz Schularick from the department of economics in Bonn has been awarded the Hermann Heinrich Gossen Award. The BGSE congratulates Moritz Schularick for being awarded the renowned Hermann Heinrich Gossen Award. The award is awarded yearly by...

Bloomberg, August 21, 2018, by Noah Smith. Surging prices, tight lending standards and Nimbyism keep the young and poor out of the market. “[…]” The housing market has made a remarkable — if partial — recovery since the disaster that befell it 10 years ago. In the years since the crisis, the market has...